Finnish Undervalued Stocks Based On Cash Flows

Revenio Group Oyj

Market Cap: €480.0m

Provides ophthalmological devices and software solutions for the diagnosis of glaucoma, macular degeneration, and diabetic retinopathy in Finland, the United States, and internationally.

LapWall Oyj

Market Cap: €57.8m

Designs, manufactures and sells wood-structured elements in Finland.

Canatu Oyj

Market Cap: €270.2m

Develops and sells carbon nanotubes (CNTs) and related products, and manufacturing equipment for the semiconductor, automotive, and medical diagnostics industries in Finland, the United States, Japan, and Taiwan.

Digital Workforce Services Oyj

Market Cap: €28.0m

Provides business process automation services and technology solutions in Finland, Sweden, the United Kingdom, and internationally.

Kreate Group Oyj

Market Cap: €145.0m

Engages in the construction of infrastructure projects for private and public sector customers in Finland and Sweden.

Harvia Oyj

Market Cap: €664.3m

Designs, manufactures, and markets a range of sauna products worldwide.

Exel Composites Oyj

Market Cap: €56.3m

Manufactures and sells pultruded composite profiles and tubes in Europe, North America, the Asia-Pacific, and internationally.

NoHo Partners Oyj

Market Cap: €159.1m

Engages in the restaurant business.

Robit Oyj

Market Cap: €20.9m

Provides drilling consumables for surface mining, construction, geotechnical, and well drilling industries in Finland and internationally.

Nexstim

Market Cap: €65.6m

A medical technology company, engages in the development of non-invasive brain stimulation technologies in Finland, rest of Europe, North America, and internationally.

Nokian Renkaat Oyj

Market Cap: €1.3b

Develops and manufactures tires for passenger cars, trucks, and heavy machineries in Nordics, Central Europe, North America, and internationally.

Incap Oyj

Market Cap: €303.3m

Provides electronics manufacturing services in Europe, North America, and Asia.

Modulight Oyj

Market Cap: €44.0m

Designs, manufactures, and markets lasers products for medical and other diagnostic applications.

Outokumpu Oyj

Market Cap: €2.5b

Produces and sells various stainless-steel products in Finland, Germany, Italy, the United Kingdom, other European countries, North America, the Asia-Pacific, and internationally.

Neste Oyj

Market Cap: €19.4b

Provides renewable diesel and sustainable aviation fuel in Finland, other Nordic countries, Baltic Rim, other European countries, the United States, and internationally.

Koskisen Oyj

Market Cap: €238.5m

Operates in wood industry in Finland, Japan, Germany, Poland, other European countries, and internationally.

United Bankers Oyj

Market Cap: €206.5m

Provides investment products and services in Finland and Sweden.

YIT Oyj

Market Cap: €632.0m

Provides construction services in Finland, Estonia, Lithuania, Latvia, Czechia, Slovakia, and Poland.

SSH Communications Security Oyj

Market Cap: €119.0m

Operates as a cybersecurity company for humans, systems, and networks in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Metso Oyj

Market Cap: €13.5b

Provides technologies, end-to-end solutions, and services for the aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Greater China, Africa, the Middle East, and India.